The results season of the quarter ended September 2009 did not unfold as analysts expected. Analysts were expecting the earnings to surprise them on the upside with the broader markets outpacing the narrow market in terms of growth. The expectation was earnings would decline by three percent year-on-year of the Sensex companies as compared to a one percent yearon-year decline in the June quarter. On...
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The Sensex has finhally ended (provisional) at 16,876, up 435 points.The NSE Nifty is at 5,011, up 129 points. ________________________________________________(Updated at 1509hrs) The NSE Nifty surged past the 5,000 mark but is now off the day's high. The index is now up 108 points at 4,990.The Sensex is up 365 points at 16,805. ________________________________________________(Updated at 1356 hrs)...
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India Inc is likely to post a whoping 63 per cent growth in net profit in the second quarter, thanks to four oil marketing companies which are expected to post a combined net profit of Rs 2,730 crore in the quarter ended September. If one excludes these four from the sample of 235 companies studied, net profit is expected to only increase marginally, around 1 per cent.The sales and profit growth are...
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 Now that a recovery is in the process, what should investors expect?...
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COIMBATORE: With the new measures announced by RBI and lacklustre loan growth impacting sentiments and affecting banking stocks, banking-focused mutual funds (MFs), the best performing fund category over the past year, have slipped up in the returns chart. Banking MFs have lost between 7.7% and 9.6% in the past few days. While the sensex lost 5.9% in the post-Diwali market decline (till October 28),...
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COIMBATORE:With the new measures announced by RBI and lacklustre loan growth impactingsentiments and affecting banking stocks, banking-focused mutual funds (MFs), thebest performing fund category over the past year, have slipped up in the returnschart.Banking MFs have lostbetween 7.7% and 9.6% in the past few days. While the sensex lost 5.9% in thepost-Diwali market decline (till October 28), the BSE...
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The BSE benchmark Sensex advanced further at mid-session today, gaining over 200 points on buying by funds in fundamentally strong stocks led by software exporting companies on expectations of an early recovery from the global economic recession. The Bombay Stock Exchange index Sensex, which commenced the day higher, rose further to record a gain of 207.31 points at 16,647.87 at 12.30 pm with the IT...
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Mumbai, Oct 27 (ANI) : Markets on Tuesday plunged by more than 380 points, its biggest single day loss in over two months, on frantic selling sparked by the Reserve Bank's (RBI) quarterly monetary policy review."Last week the Bombay Stock Exchange Sensex collected more than 500 points which came down by 70 to 80 points yesterday. Today the sensex has again tumbled down by 100 points. I would not compare...
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BSE benchmark Sensex advanced further at mid-session on Wednesday, gaining over 200 points on buying by funds in fundamentally strong stocks led by software exporting companies on expectations of an early recovery from the global economic recession.The Bombay Stock Exchange index Sensex, which commenced the day higher, rose further to record a gain of 207.31 points at 16,647.87 at 1230 hrs with the...
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Mumbai, Oct 27 (ANI) : Markets on Tuesday plunged by more than 380 points, its biggest single day loss in over two months, on frantic selling sparked by the Reserve Bank's (RBI) quarterly monetary policy review."Last week the Bombay Stock Exchange Sensex collected more than 500 points which came down by 70 to 80 points yesterday. Today the sensex has again tumbled down by 100 points. I would not compare...
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